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Dec 09

TECHNICAL ANALYSIS BY NSFX 09.12.2013

By:Nati

High:  Low: 

The Euro was showing strength during Friday's session gaining close to 200 pips, and the close from Friday at 141 could be the support level going forward. Possibility of a move lower for profit taking reasons could see the 140 figure the next area of support. Going forward resistance could be drawn toward 141.60 a high on monthly charts going back to 2004, and support in 2006.

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